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23

Number of Funds Invested

2.17

Committed Capital (SAR Billion)

Meet-up 03: Insights into Saudi Q2 Report | JADA | KSA

Meet-up 03: Insights into Saudi Q2 Report

Type

Virtual

Dates

Language

English

​​​​​​This meetup reflected on the VCPE industry in Saudi Arabia and discussed insights from VCPEA latest report. This meetup also served as the MOU signing ceremony for the ecosystem partnership.

​​Jada’s third meet-up saw Saudi’s leading business executives coming together for a panel moderated by Mazin Alshanbari, Venture Capital Director, Jada, where the findings from the ‘Saudi Ventures’ Q2 report were discussed, published by the Saudi Venture Capital and Private Equity Association (SVCPE) in August 2020. According to the report, venture capital investments in Saudi-based startups posted a staggering year-on-year increase of more than 300% in Q2 of 2020, from the same period in 2019, up from approximately SAR 57 million (USD 15.1 million) to over SAR 250 billion (USD 66.7 billion).​

Panelists

Mazin AlShanbari

Director of Venture Capital at Jada Fund of Funds

Mazin AlZaidi

Director of Innovation and Entrepreneurship Sector, Ministry of Investment of Saudi Arabia

Nora AlSarhan

Executive Director of Investment, Saudi Venture Capital Company

Kais AlEssa

Founding Partner and CEO, Vision Ventures

Omar AlMajdouie

Founding Partner, Raed Venture and Vice Chairman, SVCPE Association

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